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In its next month of operations, Crane Company made three purchases of merchandise in the following sequence: (1) 380 units at $7, (2) 480 units

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In its next month of operations, Crane Company made three purchases of merchandise in the following sequence: (1) 380 units at $7, (2) 480 units at $9, and (3) 580 units at $10. Calculate average unit cout. (Round answer to 3 decimal places, 0.9.5.125.) Average unit cost Compute the cost of the ending Inventory under the average-cost method, assuming there are 280 units on hand at the end of the period. (Round answer to O decimal places, ep. 125 The cost of the ending inventory

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